The GBP/USD price analysis remains firm after UK CPI reports a mild rebound to 3.4% against the expected 3.3%. Sticky inflation fades the odds of the BoE easing soon as the figures lie well above the 2% target. Markets await UK retail sales, PMIs, and US inflation and GDP data this week. GBP/USD is trading…
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The EUR/USD weekly forecast indicates a bullish bias, with the dollar under pressure amid growing economic concerns. The probability of a December Fed cut reduced from 70% to 50% by Friday due to market caution and lack of visibility into economic data. Traders look forward to the FOMC Minutes, NFP, and PMIs for fresh impetus. ……
The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East escalation. Market participants expect Fed’s easing to begin as soon as July. The AUD/USD price rebounded sharply, staging recovery from the losses posted on Monday due to escalated……
The AUD/USD forecast indicates increasing expectations for a Fed rate cut. The US reported 7.18 million vacancies, compared to the forecast of 7.38 million. Market participants are pricing a 97% chance of the Fed cutting in September. The AUD/USD forecast suggests growing expectations for a Fed rate cut following downbeat US employment figures. However, the……
The GBP/USD forecast remains bullish moving into 2026 as the Fed-BoE divergence widens in favor of the pound. Political risk and the Fed’s dovishness continue to weigh on the greenback. Cautious BoE and sticky UK inflation keep the yearly forecast for GBP/USD higher. The GBP/USD pair starts the New Year with a firm footing, moving……
The USD/JPY forecast shows a rebound as the dollar gains on trade optimism. The US economy lost 33,000 private jobs in June. Economists expect 120,000 new US jobs, a slowdown from the previous month. The USD/JPY forecast shows a rebound as the dollar gains on trade optimism. However, downbeat employment figures in the previous session……
Gold price marks fresh record highs above $3,900 amid geopolitics and the US government shutdown. Fed’s easing stance and institutional buying keep the bullion supported, with yearly targets around $4,200. Technically overbought gold could pull back before resuming the uptrend. Gold price broke above the $3,900 level on Monday, marking fresh all-time highs around……
